5601 Smetana Dr Unit 214MinnetonkaMN55343
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 5601 Smetana Dr Unit 214, Minnetonka, MN, 55343 in Minnetonka achieves a 1.93 ratio at $200,000: $1,732/mo rent versus $899/mo debt service. Rental yield 10.39%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 10.39% yield compounds alongside 5% annual appreciation projecting $55,256 in value. Total projected cumulative return: $106,991.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.5% |
| Monthly Cash Flow | $(41) | $350 |
City averages based on Minnetonka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,732 |
| Total Monthly Debt Service | $1,169 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1986
8.09 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Condo
Built in 1986
8.09 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7049958